#USDCAD, Despite the increases...

The above model speaks for itself but we will add some points anyway!
We already had 3 encounters with the diagonal resistance line and everyone responded in descents, and at this moment we are a few pips from the resistance!
The Stochastic indicates Overbought
We have a start of a red Ichimoku cloud that warns of a downward trend.
Target: 1.32
If usdcad breaks the resistance this signal will be canceled
Chart PatternsforexsignalsTechnical IndicatorsTrend AnalysisUSDCADusdcadanalysisusdcaddailyusdcadforecastusdcadideausdcadsellusdcadshortusdcadsignal

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